Public offering scale exceeds 36 trillion again, hitting a new high. Equity funds become the main force of growth.

According to the latest data released by the China Securities Investment Fund Association, as of the end of August, the total size of public funds in China exceeded 36 trillion yuan, hitting a historical high for the fifth time this year. In terms of product types, actively managed equity funds, especially stock funds, have seen a significant increase in net asset value, up to 12.76% month-on-month, benefiting from the hot equity market in August and active inflow of funds. It is rare to achieve double-digit growth in a single month based on historical data, and the rising trend in the US and Hong Kong stock markets has also boosted the scale of QDII funds. In addition, the stock-bond see-saw effect has reappeared, with slight declines in both the share and net asset value scales of bond funds in August.